AJW Group Appoints New Finance Director

London, 7th January 2013: AJW Group has appointed Steve Hollinshead as its new Finance Director. In this position, Hollinshead will hold responsibility for all financial matters across A J Walter Aviation and other Group companies, including AJW Technique. This appointment reflects the rapid development of the AJW Group which has more than doubled in size in the past five years, developing a more comprehensive service portfolio across a growing geographical footprint.

Steve Hollinshead joins AJW following a career path that includes CFO of E-Waste Sytems, a public company start-up; and also Cascal, a majority owned subsidiary of water utility company, Biwater, where he was previously Group Finance Director. Hollinshead is a Fellow of the Institute of Chartered Accountants in England and Wales and holds a Bachelor of Sciences degree in Physics from the University of St. Andrews.

Christopher Whiteside, President, AJW Group, comments “We consistently look to appoint the best people within our organisation and Steve Hollinshead will be a great asset to the Company. His previous experience speaks for itself and we are pleased to add his expertise to our business.”

Hollinshead’s role within the business will include providing strategic and financial guidance, including corporate governance, to ensure the Company’s current and future financial commitments are met. AJW’s continuing fast pace of expansion is demanding new and improved financial management to deliver an increasing number of flexible and cost-effective solutions to a growing investor and customer base.

AJW is based out of London, Dubai, Singapore and Miami with further Airbus and Boeing inventory hubs across the globe. Already highly regarded for its award-winning 24/7 AOG and critical component supply services, AJW continues to develop a service portfolio which now incorporates component repair as well as integrated consumables, engine and airframe part-out activities. A significant global leader, AJW serves a customer base of more than 800 airlines with over 400 aircraft under contract.